After coastal towns complain about Resource Institute, lawmakers could rescind its $5M windfall

One year you have $5 million, the next year — poof — it’s gone.

Funding for the politically connected Resource Institute is on the brink of being eliminated in Senate Bill 95 after several coastal towns complained to lawmakers that the Winston-Salem nonprofit didn’t have the expertise to tackle hurricane resilience and recovery projects.

If the bill becomes law, the money would be divided equally among Topsail Beach, North Topsail Beach and Surf City for hurricane recovery projects.

Squeak Smith, chairman of the Resource Institute board of directors, told Policy Watch he is waiting for the final bill language to determine the next steps.

Read more: http://pulse.ncpolicywatch.org/2019/06/25/after-coastal-towns-complain-about-resource-institute-lawmakers-could-rescind-its-5-million-windfall/